Friday, May 16, 2025

Tag: tax loophole

Heard about buy-borrow-die? Meet buy-hold for decades-sell

We don’t need to just close the buy-borrow-die loophole. We desperately need to shut the buy-hold for decades-sell loophole just as firmly.

Our ‘trillion-dollar seven’: Can we summon the courage to tax them?

Our political leaders have been aware of the stepped-up basis loophole for decades, yet have done nothing.

The secret tax loophole making the rich even richer

Close this stepped-up basis loophole, and we help finance the programs the vast majority of Americans desperately need and deserve.

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The MAGA Movement is Jonestown writ large

The reversion to primitivism bears a striking resemblance to the rise of the MAGA movement.

Trump EPA rolls back protections from toxic forever chemicals in drinking water

Amid pressure from chemical and utility industries, the Trump administration weakens key PFAS drinking water regulations—exposing millions to cancer-linked toxins.

GOP tax cuts for the rich advance as Republicans push record-breaking Medicaid and SNAP...

As House Republicans approve tax breaks for the wealthy, they simultaneously move to gut Medicaid and food assistance, rejecting all amendments to protect vulnerable Americans.

Why the right really hates the Postal Service

It’s not about USPS’s efficiency or viability. It’s about equity and collective good, values that are anathema to predatory capitalism.

The Trump effect on elections globally

But with the recent election results in Canada and Australia, it’s possible to see the limits of Trump’s influence and the signs of a swing back to some semblance of normalcy.